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A 15 year bond has an annual coupon rate of 8. The coupon rate will remain fixed until the bond matures. The band has a

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A 15 year bond has an annual coupon rate of 8. The coupon rate will remain fixed until the bond matures. The band has a yield to maturity of 6. Which of the following statement is CORRECT? a. If market interest rates decline, the price of the bond will also decine, b. If market interes es remain unchanged the band's price one year from now will be higher than today c. The bond is currently ing at a price below ts per valor d. If market interest rates remain unchanged the bonds price one year from now wil be lower than is today, The bond should currently being at its par value

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